During his five-day working visit to Cuba ending on January 20, Deputy Minister Nghiep informed the host of Vietnam's financial and budget policy to stabilise macro-economy while ensuring sustainable economic growth and social welfare.

He also briefed the host on Vietnam's socio-economic achievements during the 2001-08 period and orientations for the nation's financial policy in 2010.

Cuban Minister Pedraza highlighted Vietnam's socio-economic achievements over the past years and the country's timely and effective implementation of financial solutions to minimise the negative impact of the global economic crisis.

Both host and guest assessed the implementation of the two ministries' cooperation programmes last year.

Also on the occasion, Deputy Minister Nghiep and his Cuban counterpart Felix Martinez signed a cooperation agreement between the two ministries for 2010.

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